Well-known management guru and CEO, Jack Welch, was on CNBC to defend his call on today's job numbers. He thinks that the data are fudged and too good to be true

Credit and Source: www.cnbc.com, CNBC

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Dheeraj Grover

I am an individual investor with deep interest in the field of value investing. My ideas and thinking is inspired by highly respected value investors like Ben Graham, Warren Buffett, Walter Schloss, Bill Ruane and Tweedy Browne

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The idea that a handful of career bureaucrats, their jobs secure no matter who is in the White House, would manipulate the unemployment data to help President Obama, is ludicrous. Jack Welch knows it, too; when I called him Friday afternoon, he quickly backpedaled, " I'm not accusing anybody of anything," he protested.

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